Some makes and models are actually rising in their resale value (Hugo90, Flickr).

    by: Kevin Ransom | AOL Autos
    Everybody’s looking for that good deal when buying a new car. But the search for “the deal” is not just restricted to finding a new vehicle at a reasonable price. It also means getting good money for your trade-in.
    The good news for car shoppers is that used car resale values increased by about 20 percent over the first half of 2010, according to Black Book, which tracks both the wholesale and retail values of used vehicles. This is mostly due to the fact that new car sales plummeted to about 10 million units in 2009, down from the 16 million range the previous couple of years. That means there were fewer trade-ins coming in to car lots, which created a higher demand for used vehicles, which in turn increased their value. So, if you’re pondering whether to buy a new vehicle, this could be a good time to act.
    The size of your windfall will depends on what you’re driving, as resale values of some models increased more than others. Here’s a tip: If you’ve been driving that gas guzzling SUV wishing there was some way you could sell it and buy something more fuel efficient, well, your ship may have come in.

    Selling Or Trading In Your Car? Start Here!

    We’ve selected some of the vehicles that have experienced the biggest percentage increase in recent months, between February and July, and seven of the ten are crossovers or SUV’s. For the purposes of this list, the resale-value data provided by Black Book was for used 2007 models, as of July 1.

    “Right now, the 2007 models are a steady piece of the used car market, as far as sales volumes are concerned,” explained Ricky Beggs, vice president and managing editor at Black Book. “They’re a good guideline because an ’07 is old enough to significantly differentiate from the new models, pricewise, but recent enough that they don’t have too many miles on them, and are mostly still in good shape.”

    Black Book provided a price range for each vehicle, which will depend on factors like what features it’s equipped with, the vehicle’s overall condition, and the total mileage. For a slightly older or even newer model, you’ll have to adjust your pricing expectations accordingly. Comments by Beggs are in italics.

    > View Gallery: Top Ten Vehicles With Rising Resale Values

    Top Ten Vehicles With Rising Resale Values
    Ford Edge GMC Envoy Chevrolet Equinox Suzuki Reno Dodge Durango
    Dodge Grand Caravan Ford Explorer Dodge Charger Suzuki XL-7 Chevrolet Trailblazer

    Quick Shopping Tools:

    Research New Cars

    Cars for Sale in Your Area

    Get Repair Estimates

    1 - 20 of 26 Comments
    fwlawrence Sep 18, 2010 12:42 PM
    1967 chev. comaro coup
    Report This
    fwlawrence Sep 18, 2010 12:42 PM
    1967 chev. comaro coup
    Report This
    swim3guy32 Jul 12, 2010 12:30 PM
    I had a 1986 Cavalier Z24 for about 5 years untill i crashed it. That car i had nothing but problems with it then i got my 1990 toyota pick up that was my best car i have ever had. Then of course i had kids so i had to get a bigger car so i decided to get a 1998 used pontiac trans port montana minivan again with my other GM car nothing but problems at all. Then i went with dodge which was a lot better than the GM but not the toyoyta.
    Report This
    wmathess Jul 10, 2010 9:03 AM
    I'm getting rid of my 2004 Ford Explorer right now. That thing has been JUNK! I'm going with a Ford truck. I've always had luck with Ford trucks, but then I decided I'd get an Explorer, and no, no, no, I'm never getting another Explorer. ATTENTION USED CAR BUYERS: DO NOT BUY A 2004 OR 2005 FORD EXPLORER. I PROMISE YOU IT WILL NOT EXCEED 125,000 MILES!!!!! I can get $7,400 for my Explorer, and use $2,500 of it for a down payment on a 2011 Ford F-350 XLT, Crew Cab, 4WD, 6.2L V8 gas, and tow package. :D But, I'm STILL not going to stray away from Ford, for they do make good engines. The engine in my Explorer has NEVER let me down, it's just the rest of the vehicle won't hold up. Right now, it's differentials, wheel berrings, lost hubcap, and piece-o-*********** looks good though.......
    Report This
    just2toonice Jul 10, 2010 4:29 AM
    loptroz31... all though I did not care for Bush...he did not get to fly airplanes without passing tests.. Please do not make ignorant remarks.... Thank you
    Report This
    diagd1 Jul 10, 2010 2:24 AM
    loptroz31: so what is the deal? Who are the real racists in the country, when we have a black U.S. attorney general (Eric Holder) who has made a policy that there will be no prosecution of black on white crimes? That is his stated policy to his staff (thus the decision to drop the voter intimidation case of the New Black Panthers). Also, are we to keep quiet when Obama continues to make catastrophic policy decisions that will most certainly bankrupt and threaten the security of our beloved USA? He and people like you will continue to blame ********* is time for Obama to man-up and take things on the chin. His constant whining about the previous administration makes him look weak and thin skinned. His legacy will be that he was the most thin-skinned president in history. In the meantime, citizens are scared at the crazy course he is setting us on, yet afraid to speak up and say the truth for fear of being called a racist by people like you! Because Obama is black he is spared the same criticism that EVERY president in history has had to endure, because it is so easy for people like you to label any criticism as "racism". If the race card continues to be constantly played then perhaps there won't be any more minorities voted into office. Every president has to expect to be harshly criticized.
    Report This
    glennwarne Jul 10, 2010 2:09 AM
    I have as yet to find any used car going up in value unless it was one I was trying to trade up to! Same for selling a used one, only went up in value two weeks after I traded it in and it was on the dealer"s lot! The rich drive the BMW and the Mercedes without caring about the money for gas, they are rich, I do not think the economy is anything to do with their resale value. The poor drive whatever will run, doesn't matter who gave it to them or how bad a shape it is when they paid for it, as long as it runs! Once again the economy does not have a bit of pressure on these cars as they are junkers that only the poor want them because they run,not how they look or how many miles on them.(affordable) Only when the middle class comes back and has a job will all the other things the SUV, and luxury class vehicles have make these cars more affordable and desirable , then the value will go up!
    Report This
    intgrl Jul 10, 2010 1:09 AM
    I agree with caesar14.....Obama is failing our country big time!!! Stop blaming Bush....he's been out of office for well over 2 years now. Obama's administration needs to take responsibility for his own actions! He's bankrupting the country with his BIG spending! Vote NO for Harry Reid, Nevada!
    Report This
    gokivi Jul 10, 2010 12:45 AM
    http://www.intelliprice.com is the best place for used car trade values. They are the people that make the BLACK BOOKS. They show you a range of similar cars and what they are selling for, unlike most sites which show you one price.
    Report This
    qawi7000 Jul 10, 2010 12:07 AM
    Well if you're looking for a range rover, that will make you give up being a car guy. They are money pits, and if you're looking for an older one, good luck. Everyone I know that has one also has a extensive supply of Tylenol. I have owned one myself and my experience wasn't a good one. They look great, but when the technician at the dealership warns me about those trucks, then I going to listen. Just looking out for another car guy other than myself. Do your homework and research the reliability first.
    Report This
    stru22 Jul 10, 2010 12:01 AM
    People have always loved this older version of the dodge mini van, the Germans ruined and stole Chrysler's money, I hope Chrysler emerges from the mess the German's left behind, remember this America paid for the new Mercedes glass house in Germany. Screw you, and God Bless the United States of America!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
    Report This
    jimbo1350 Jul 09, 2010 10:51 PM
    Time to buy was the first six months of this year. January in particular. If you waited you missed an opportunity.
    Report This
    rsewill Jul 09, 2010 10:41 PM
    I love how my VW Passat TDI wagon (Diesel) is worth about half of what I paid for it and it has 133k miles on the odometer.
    Report This
    rtippe Jul 09, 2010 10:05 PM
    Ive owned over 30 cars in my 44 years of life,I guess Im a car guy but while I have purchased cars right off the showroom floor I find the newer cars are lacking character,just generic as heck.I can buy most any car I want at this stage in life but honestly I see nothing much that interest me.Tomorrow I am going to buy a range rover and this one is an older one,the new ones are great if you want to blast through 100 thousand dollars but I love the old land rovers,Im looking for a 60s rover of some sort but this range rover will do fine for the time being.I always say,buy what you like,I always have.
    Report This
    jtboner4life Jul 09, 2010 9:52 PM
    C4c was designed to make good used cars hard to find so you would go ahead and buy a new one. People who drive the clunkers still couldnt afford a new car
    Report This
    jtboner4life Jul 09, 2010 9:44 PM
    It was cash for car dealers. How can these fools say it was a huge success with a straight face or are they really that stupid.
    Report This
    mjsboda777 Jul 09, 2010 9:43 PM
    Mr Keven Ransom: how could I get a "BLACK BOOK"
    Report This
    mjsboda777 Jul 09, 2010 9:37 PM
    Good idea but in California we have "SMOG" inspection for 1974 cars and newer every outher year $50.00 + if all systems are not working to factory specks. your car will not pass and you will need to get it repaired to specks to get your registration, this can be very expensive for a "Cash For Clunker" program car. If Obama wants me to buy a new car even a GM car, a nice stimulus check for around $5,000 would do me fine. I will spend it, I will not save it, I will put it back in the economy!
    Report This
    switzarch Jul 09, 2010 9:25 PM
    'ZIN' Wasn't the point of the C4C program to trade in your old clunker and get some extra cash for it so you could buy a new car. Maybe your friend was BROKE and couldn't afford to trade in, regardless of political incentives or values or excuses? Maybe he was stuck with it 'cause nobody would take it and even as a 'clunker' the work required to put it out of it's misery was worth more then the car itself, a future classic for sure. I bet we'll see one of those at a Barrett-Jackson sometime soon, eh
    Report This
    loptroz31 Jul 09, 2010 9:19 PM
    ceasar 14, I can't help but feel sorry for you, you obviously are the one that are racist and you have a problem with having a black man in the White House. Even if God tells you that Obama was born in US soil you wouldn't believed because that's in your mind. Obama held a job, he's a lawyer unlike the idiot and stupid president before Obama that flunked his studies and "passed" thanks to his daddy's influence. What did this man do for the people of this country??? NOTHING !!!!!, left the worst deficit in history, invaded Iraq with not good reason, he lied about the weapons of mass destruction, this wantabe president is going into history as the WORST ever, sure you liked him only because he's white.
    Report This
    1 - 20 of 26 Comments
    Leave A Comment?
    Please keep your comments relevant to the Used Car Values On The Rise article.

    Latest Auto News

    Mapquest Gas Sweepstakes

    Featured AOL Autos Editors

    Fetching latest post ...
    Fetching latest post ...
    Fetching latest post ...

    Great Auto Loan Rates

    Low Rates on New and Used Autos

    Presented By Apply In One Easy Step »

    AOL Autos Facebook Activity


    Order Carfax Report
    Powered by
    Get a free CARFAX record check for a used car
    Go >>
    Follow AOL Autos on Twitter
    Used car resale values increased by about 20 percent over the first half of 2010.


    Your Comment:
    Send Report Cancel